ASIC to recover more than $400000 from abandoned companies, prompting investigations – SmartCompany.com.au

Corporate regulator ASIC has been appointing liquidators to abandoned companies in recent months to recover more than $400,000 in unpaid employee entitlements. Companies including NISS Technologies, Jovawill Pty Ltd, Ruschi Pty Ltd, Steel Project Services and the Surat Basin Group are now being investigated by liquidators at ASICs behest, amid concern about illegal phoenixing activity.…

John Wentzell Out in Spectra Restructuring – VenuesNow

Spectra began managing Dallas Kay Bailey Hutchison Convention Center at the beginning of April. (Courtesy Spectra) John Page adds oversight of convention centers, sponsorship sales Facility management services firm Spectra has restructured its business, which extends to the departure of John Wentzell, its former president. Wentzell, whose final day at Spectra was March 29, had…

Sir Philip Green appoints restructuring experts | News – Drapers

Jamie Drummond-Smith, chairman of finance group Cattles, has been appointed interimchairman of Topshop, Topman, Arcadia Group, and its parent company Taveta. Peter Bloxham, former head of restructuring and insolvency at law firm Freshfields, has been appointed to the same boards as interim non-executive director. Both have been working closely with the boards in an advisory…